Cardano (ADA) on Wednesday 07-Apr moved lower with -6.26% lower to 1.17.Crypto
|Performance after Wednesday|
Cardano on Wednesday dropped -6.26% to 1.17.
Updated daily direction for Cardano is bearish as the pair posted lower in Wednesday trading session.
Looking ahead for the day, immediate support level is at 1.16 with break below could see further selling pressure. For potential buyers, as the current momentum is bearish, we prefer to look at firm break of the recent high 1.29 as an important indicator of buying interest. Failure to break the resistance level would echo bearish sentiment.
Updated direction for the current week for Cardano is mixed as the current price action remain uncertain.